I don't know about the Olympic spar finish, been using the Minwax for over 3 years now and am used to how to apply it and its drying characteristics. I don't see a reason to change. My lights sparkle and look fantastic with it.
With regards to the 50/50 mix......I have started using more of a 70/30 mix (unless its windy out, then 60/40) I work outside and in my experience, the weather conditions affect my choice of mix. A full on hot sunny day has a different mix than a cloudy day. A windy day calls for a different mix than a calm day. For me, just experimenting with ideas is the only way to find the correct methods for each individuals specific needs. This forum is great because you can try ideas that others suggest and formulate a system for yourself.
I hand sand everything and use No Lubricant(unless you count water). May I suggest you try the clay idea and share your results with all of us?.....lolIm the MAN
I live in Florida so don't often use a heatgun. I am lucky to have warmer temps and sunshine to dry/cure my lights naturally. Personally, I'm not crazy about using a heat gun because I have a fear that it could dry/cure the outer layer too quickly, not allowing the under layers to cure properly....but I am certainly no scientist on that matter(and I'm sure to see posts telling me that now...lol)
Anyway, thats just my two cents!

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